Fun

News Feed - 2023-06-29 05:06:54

Prashant Jha3 minutes agoChatGPT maker Open AI hit with class-action lawsuit over alleged data theftAI tech has gained a lot of traction over the past year so much so that the EU and US have already proposed legislation around the nascent tech.9 Total viewsListen to article 0:00NewsJoin us on social networksOpen AI, the maker of the very popular chatbot ChatGPT, a natural language processing artificial intelligence (AI) tool, is facing a class-action lawsuitin California over the alleged scrapping of private user information from the internet. 


The lawsuit was filed in a federal court in the northern district of California on Wednesday morning by Clarkson, a native law firm. The suit has alleged that Open AI trained the ChatGPT model using data collected from millions of social media comments, blog posts, Wikipedia articles and family recipes without the consent of the respective users. Thus, OpenAI violated the copyrights and privacy of millions of internet users.Snippet of lawsuit alleging OpenAI"s data theft. Source: assets.bwbx.io


The 16 named plaintiffs in the case claimed that Open AI illegally accessed private information from individuals’ interactions with ChatGPT. If these allegations are proven to be true, the accused will be in breach of the Computer Fraud and Abuse Act — a law that has precedent for web scraping cases. Microsoft, a major investor in OpenAI was also named a defendant in the case. Open AI didn"t respond to Cointelegraph"s requests for comments at press time.


The lawsuit alleged further that OpenAI products “use stolen private information, including personally identifiable information, from hundreds of millions of internet users, including children of all ages, without their informed consent or knowledge.”“By collecting previously obscure personal data of millions and misappropriating it to develop a volatile, untested technology, OpenAI put everyone in a zone of risk that is incalculable – but unacceptable by any measure of responsible data protection and use,” Clarkson said.


AI tech has gained a lot of traction over the past year owing to the massive popularity of ChatGPT. The rise of AI Tech has also nudged governments around the world to take notice and the likes of the United States and Europe have already proposed certain legislation around the nascent industry.


Related:US vice president gathers top tech CEOs to discuss dangers of AI


On June 20, a bipartisan set of US lawmakers introduced National AI Commission Act, a bill focused on setting a commission to study the country’s approach towards AI. Similarly, the European Parliament passed the EU AI Act in the second week of June. The legislation would establish a framework for governance and oversight of the AI industry in the European Union.


Magazine:Musk’s alleged price manipulation, the Satoshi AI chatbot and more# California# Adoption# AI# Regulation# ChatGPTAdd reactionAdd reactionRelated NewsHow to create and sell Bitcoin NFTsA brief history of the internetGirlfriends, murdered kids, assassin androids — is AI cursed?Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI modelAI automation could take over 50% of today’s work activity by 2045: McKinseyLimited generative AI usage to be allowed in Japanese schools

News Feed

Brazil Might Approve Its Cryptocurrency Law This Week
Brazil Might Approve Its Cryptocurrency Law This Week This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to th
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit While a large fraction of crypto assets dropped a great deal in value during the pas
Hong Kong digital yuan pilot lacks P2P capabilities
Zoltan Vardai13 hours agoHong Kong digital yuan pilot lacks P2P capabilitiesWhile Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactio
Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’
Bank of New York Mellon: "Clients Are Absolutely Interested in Digital Assets" Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested i
Martin Young5 hours agoSBF trial dates revealed: FTX founder to stand trial over 6 weeksIn a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks
Tom Mitchelhill8 hours agoCFTC investigators conclude ex-Celsius CEO Mashinsky broke US rules: ReportIf a majority of CFTC commissioners agree with the conclusion, the regulator could file a case in federal court.2637 To
Andrew Singer11 hours ago‘Massive’ crypto use cases to surface by 2030 — Coinbase execCointelegraph talks with Coinbase protocols lead and Base creator Jesse Pollak about the company’s new blockchain, which is al
Amaka Nwaokocha10 hours agoCoinbase stock surges after favorable federal ruling for GrayscaleIn the final moments of the trading session on Aug. 29, the value of COIN stood at $85.13 per share, a jump of 15% over the pre
Circle proposes new capital-risk framework for stablecoins
Vince Quill3 hours agoCircle proposes new capital-risk framework for stablecoinsIn July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework.
Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode
Nancy Lubale4 hours agoBitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — GlassnodeGlassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop
ETF staking addition is ‘positive development,' says ETC Group exec
Helen Partz12 hours agoETF staking addition is ‘positive development," says ETC Group execThe staking aspect of Ethereum ETFs is important because it’s similar to dividends in equities, ETC Group’s Chanchal Samadde
Zimbabwe consults crypto firms on virtual asset regulation needs
Prashant Jha13 hours agoZimbabwe consults crypto firms on virtual asset regulation needsThe Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions.2945 Total vi